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News Focus

LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)

Bullboard - Stock Discussion Forum Premium Income Corp T.PIC.A

Alternate Symbol(s): T.PIC.PR.A

Premium Income Corporation is a split share company. The Fund’s investment objectives are to provide Preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share, representing an annual yield of 5.75% on the original issue price of the Preferred shares; to provide Class A shareholders with quarterly cash distributions of $0.20319 per share, and to... see more

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Bullboard (TSX:PIC.A)

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Comment by Donwaanon Nov 12, 2023 1:56pm

RE:Distribution going down

PIC.A has paid a distribution for 25+ years. Comment from mouserman: It has not always paid out 20.3 cents Quarterly, they did reduce it to half when the UNIT NAV got too small. Trades at huge premium ...more

127

Discussion

Post by marcroberton Nov 10, 2023 8:09am

Distribution going down

Looking back at 2020 as an example, they cut the dist in half to 10 cents for Q2,3, and 4 (9 months). During that period, the nav hovered between 0 to 65 cents in q2 and $1-3.30 between august and ...more

169

Discussion

Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions

posted Nov 21, 2024 9:00am by LQWD Technologies Corp.

Since deploying LQWD's Bitcoin Lightning Network strategy in November 2021, the Company's transaction infrastructure continues to experience strong growth with exponential growth in 2024. From January 1, 2024, to October 31, 2024 LQWD facilitated approximately 643,000 transactions, compared to approximately 112,900 transactions for the same period in 2023. ...read more

Comment by marcroberton Nov 08, 2023 11:53am

RE:Hope it can begin to hold 4 dollars

i'm guessing if erosion of C bank stocks continues in 2024, how could this hold $4? I expect banks won't bottom for a while, we're in a recession and mortgage resets are going to affect ...more

Discussion

Post by marcroberton Nov 08, 2023 11:51am

Nav 46 cents, payout 20 cents amonth??

I have other splits but did not know about this one. how can they pay out 20 cents when nav is close to zero - this only happened in 2009 and 2020 as far as i can tell, but huge swings in nav in 2020 ...more

115

Post by itsthehitmanon Oct 31, 2023 12:37pm

Hope it can begin to hold 4 dollars

Payday today for 15000 old shares at 20 cents. Payday today....yeah Glta

Discussion

Comment by EdPaquetteon Aug 24, 2023 7:09pm

RE:RE:RE:Up big today

I'm not in Pic right now. BK, FTN and LCS.

Discussion

Comment by Donwaanon Aug 24, 2023 5:14pm

RE:RE:Up big today

Are either of you gents buying at these low prices? The yield is now 19%. With a rebound in the banks the NAV should follow suit.

Discussion

Comment by EdPaquetteon Aug 22, 2023 12:05pm

RE:Up big today

That was just a flash in the pan, gone already. Some refugees from dfn finding out the volume is lower here. Bid vs ask are farther apart.

Discussion

Post by Mrfriendlyxon Aug 22, 2023 9:52am

Up big today

Wondering what news cause this huge uptick. Don't see such a huge gain in the other funds in TSX.

126

Discussion

Post by Donwaanon Jul 10, 2023 11:02am

Question

Anonymous is doing the bulk of the recent selling, is this the at the market equity program in action? Since the program was announced in September 2022 the share count has increased by 797,700 as of ...more

238

Comment by Donwaanon Jul 05, 2023 4:26pm

RE:July distribution

Merci beaucoup PIC.A fund managers for maintaining the .20310 distribution! 100 plus consecutive quarters, 25 plus years and counting.

119

Discussion

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Post by PressReleaseon Jul 05, 2023 4:01pm

New Press Release - Premium Income Corporation Announces Quarterly Distribution

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on July 31, 2023 to shareholders of record on July 14, 2023 in the following amounts per share: Share ClassTickerAmount Per ShareClass A SharesPIC.A$0...read article.

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Post by PressReleaseon Jun 28, 2023 4:01pm

New Press Release - Premium Income Corporation Announces Semi-Annual Results

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) announces results of operations for the six months ended April 30, 2023. Decrease in net assets attributable to holders of Class A shares amounted to $6.3 million or $0.46 per Class A share...read article.

Post by EdPaquetteon Jun 27, 2023 7:59pm

Warning

Nav is down 50% since February. Pricing As of 06/22/2023 Current NAV for PIC.PR.A: $15.00 Market Price: $13.41 Last Traded: 06/26/2023 Current ...more

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Alternate Symbol(s): T.PIC.PR.A

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